Two-Unit Grocery
70-72 Grace Church Street, Portchester, NY 10573
For Sale
Contact for pricing
Two retail spaces are occupied by a deli/grocery and a food market.
Property Size2,988 SF
Lot Size0.18 Acres
Price / SF$296.18
Days on Market28
Property Features for 70-72 Grace Church Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Net Operating Income
Additional Details
Cap Rate
Tenant in Place
Building Details
Year Built
Stories
Tenancy
Listing Agency:
NuRealty Advisors
Listed By:
Michael Nuhko · License #NY10311203305
Source:
Crexi
Added: Oct 13
Changed: Nov 8
Last Checked: Nov 8 at 5:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NuRealty Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story retail property in Port Chester contains 2,988 SF across two commercial units. A deli/grocery and a food market occupy the spaces. Built in 1984, the building sits on a 7,840 SF lot and includes 8 parking spaces.
The property is located at 70-72 Grace Church Street, Port Chester, NY 10573. Its reported cap rate is 8.00%.
The property is located at 70-72 Grace Church Street, Port Chester, NY 10573. Its reported cap rate is 8.00%.
Key Highlights
- 2,988 SF building on a 7,840 SF lot
- Two occupied retail units: a deli/grocery and a food market
- Single‑story property built in 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,180
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,263,600
$1.3M
Cap Rate 7%
$902,571
$902.6K
Cap Rate 9%
$702,000
$702.0K
Market Conditions
NOI Build-Up for 2,988 SF
Gross rent
$104.0K $34.80/SF
− Vacancy
−$13.7K −$4.59/SF
EGI
$90.3K $30.21/SF
− OpEx
−$27.1K −$9.06/SF
NOI
$63.2K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,263,600
Cap Rate 7%
$902,571
Cap Rate 9%
$702,000
Alternative Uses
Best Use
Specialty Retail
$1.98M
$1.73M – $2.30M
NOI $138,292 @ 7.0% cap · market cap 15.63%
Second Best
Retail
$902.6K
$789.8K – $1.05M
NOI $63,180 @ 7.0% cap · market cap 7.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,335
Businesses Nearby
494k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Superstores 21%
Apparel 17%
Shops & Services 17%
Costco Wholesale
Superstores
106,057 visits/mo
0.2 miles
Kohl's
Apparel
63,387 visits/mo
0.5 miles
McDonald's
Dining
57,080 visits/mo
0.5 miles
HomeGoods
Home Improvements & Furnishings
35,981 visits/mo
0.5 miles
Burger King
Dining
26,532 visits/mo
0.3 miles
Demographics for 10573, NY
41,758
Population
14,592
Households
2.9
Avg Household Size
39
Median Age
44%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
7,592
Density / Sq Mi
$110,612
Median Household Income
$48,263
Median Earnings
$1,940
Median Rent
$649,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Target Grocery — 495 Boston Post Rd, Port Chester, NY 10573
- Mercadito — 262 Boston Post Rd, Port Chester, NY 10573
- Sisters Cleaning Service CT,NY — 122 Pearl St, Port Chester, NY 10573
- ACME Markets — 261 S Ridge St, Rye Brook, NY 10573
- None — 155 Irving Ave, Port Chester, NY 10573
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Two retail spaces are occupied by a deli/grocery and a food market.
Where is this grocery and convenience store located?
The property is located at 70-72 Grace Church Street Portchester, NY.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: 2,988 SF building on a 7,840 SF lot; Two occupied retail units: a deli/grocery and a food market; Single‑story property built in 1984
